The authors use a Gini index to measure inequality in educational attainment. They present two methods (direct and indirect) for calculating an education Gini index, and generate a quinquennial data set on education Gini indexes for the over-15-population in 85 countries (1960-90). Preliminary...

No country has achieved sustained economic development without substantially investing in human capital. Previous studies have shown the handsome returns to various forms of basic education, research, training, learning-by-doing, and capacity-building. But education by itself does not guarantee...

This paper looks at the economic policies and institutions needed to generate and sustain economic growth and development. It argues that policy and institutional reforms are needed in three broad areas. First, the need for a fiscal policy and overall macroeconomic framework that ensures...

Broad comparisons show that growth is linked to imports, but country coomparisons over short periods show the link to be more flexible than fixed. In these stringent times, the big question for African countries is whether they can reduce their historically high import dependence? Or put...

During the 1980's, many developing countries received financial and policy support for trade policy reform. There has been major reform in exchange rate policy, in the reduction of export restrictions, and in removing impediments to the imports of inputs needed by exporters. Import regimes in...

Reaping the full benefit of adjustment packages depends on a government's commitment to reform as well as a variety of complementary factors, many of which have not been duly considered because of the lack of time, resources, and skills. It is becoming increasingly clear that if these packages...

Modern economic development is accompanied by the structural transformation from an agrarian to an industrial economy and occurs through a process of continuous industrial and technological upgrading. Since the 18th century, all countries that industrialized successfully in Europe, North America...

In 2007, the United States Department of Commerce altered a 23-year old policy of not applying the countervailing duty law to non-market economies, and initiated eight countervailing and antidumping duty investigations on Chinese imports. The change brings heated debate on trade remedy policies...

The process of development is full of uncertainties, especially if it is a process of transition from a planned economy to a market oriented one. Because of uncertainties and country specificity, development must be a process of learning, selective adaptation, and industrial upgrading. This...

The authors investigate recent rends in poverty, and inequality in China, decomposing data on poverty reduction to see who has benefited most from China's economic growth. They find that, by several measures, poverty declined significantly in the 1990s, across a wide range of poverty lines,...